Honda Motorcycle and Scooter India (HMSI) has announced a substantial reduction in the prices of its scooters and motorcycles, thanks to the recent GST 2.0 reforms introduced by the Indian government. This new tax structure has lowered the GST rate on two-wheelers with engine capacities up to 350cc from 28% to 18%, making these vehicles more affordable for buyers across the country. Depending on the model, customers can now save up to Rs. 18,887 on ex-showroom prices, offering significant relief to prospective buyers as the festive season approaches.
Price Reductions on Honda Scooters
Hondaโs scooter lineup, known for its reliability and popularity, has become more accessible with the revised GST rates. The iconic Honda Activa 110, Indiaโs top-selling scooter, now costs up to Rs. 7,874 less. Similarly, the Activa 125 has seen a price drop of up to Rs. 8,259. The sporty Dio 110 and Dio 125 models have also benefited, with price reductions of up to Rs. 7,157 and Rs. 8,042, respectively. On average, Honda scooters are now more budget-friendly by approximately Rs. 7,000 to Rs. 8,000, depending on the variant.
Honda Motorcycles: Affordable Options Across the Range
The GST reforms have also brought down the prices of Hondaโs motorcycle lineup, catering to a wide range of riders. The entry-level Shine 100 and Shine 100 DX models are now more affordable by up to Rs. 5,672 and Rs. 6,256, respectively. The Livo 110 sees a price cut of up to Rs. 7,165, making it an attractive option for budget-conscious buyers.
In the 125cc segment, Honda offers three models: the Shine 125, SP125, and CB125 Hornet, which have received price reductions of up to Rs. 7,443, Rs. 8,447, and Rs. 9,229, respectively. For those eyeing slightly more powerful options, the Unicorn and SP160 motorcycles are now cheaper by around Rs. 10,000 each. The Hornet 2.0 and NX200 models, known for their sporty appeal, have seen reductions of up to Rs. 13,026 and Rs. 13,978, respectively.
The most significant savings are on Hondaโs premium 350cc lineup, which includes the CB350 Hโness, CB350RS, and CB350. These models now cost up to Rs. 18,598, Rs. 18,857, and Rs. 18,887 less, respectively, depending on the variant. These reductions make Hondaโs higher-capacity motorcycles more appealing to enthusiasts looking for premium performance at a lower price point.
Official Statement from Honda
Mr. Yogesh Mathur, Director of Sales and Marketing at HMSI, expressed enthusiasm about the GST reforms, stating, โThe Indian governmentโs decision to revise GST rates is a progressive move that enhances affordability and supports economic growth. This reduction in taxes on two-wheelers and their components makes personal mobility more accessible while strengthening the industry ecosystem. At HMSI, we are dedicated to delivering innovative and dependable vehicles, and we are grateful for the governmentโs support in fostering a customer-friendly market.โ
Mathur also highlighted the companyโs commitment to passing on the full benefits of the GST reduction to customers. โWith the festive season around the corner, these price cuts will enable us to connect with a broader audience in both urban and rural areas. This initiative not only benefits customers but also uplifts our dealers, suppliers, and local businesses. We are also assessing the impact of the new 40% GST slab on our premium motorcycles to ensure a fair and balanced approach across our offerings,โ he added.
How Customers Can Avail the Benefits
Honda has advised customers to visit their nearest authorized HMSI showroom to get precise details on the price reductions for specific models and variants. The company has assured that it is fully committed to passing on the entire benefit of the GST rate cut to its customers, ensuring transparency and maximum savings.
Also Read – Maruti Suzuki Arena Unveils Massive Price Cuts with GST 2.0 and Festive Deals
Impact on the Market
The GST 2.0 reforms come at a pivotal time, aligning with the festive season when two-wheeler sales typically see a surge. By making its scooters and motorcycles more affordable, Honda is well-positioned to attract a wider customer base, from first-time buyers to seasoned riders. The price reductions also strengthen the two-wheeler industryโs value chain, supporting dealers, suppliers, and local economies. As Honda continues to innovate and deliver reliable mobility solutions, these tax benefits are expected to drive sales and enhance the brandโs presence in the Indian market.
